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S&P 500 Index

S&P 500 Index Worst-Case Scenario Target Updated

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I was looking at the target that I shared for the "upcoming" drop and wrote on it "Worst-case scenario"... but really I didn't mean this and I actually believe that prices can go even lower in a worst-case scenario.

I wanted to share the updated target here in the case a very bad scenario is printed on this chart.

Below you can find the yearly chart (12 Months per candle) and the updated "worst-case scenario" target
snapshot

If it gets really bad, then 1330 can easily break and prices go lower and hit 770+ before reversing up.

Below you can find the previous chart:
S&P 500 Index | More Red? Looking Extremely Bearish


Thanks a lot for reading.

Namaste.
MasterAnanda
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alanmastersBeyond Technical AnalysisindexTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis
MasterAnanda
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4

🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.